Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Montgomery County, TN

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Montgomery County, TN
Series ID MHICILBTN47125A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 1989-01-01 to 2023-01-01
Last Updated 2024-12-20 2:32 AM CST
Notes The U.S. Census Bureau provides annual estimates of income and poverty statistics for all school districts, counties, and states through the Small Area Income and Poverty Estimates (SAIPE) program. The bureau's main objective with this program is to provide estimates of income and poverty for the administration of federal programs and the allocation of federal funds to local jurisdictions. In addition to these federal programs, state and local programs use the income and poverty estimates for distributing funds and managing programs.

Household income includes income of the householder and all other people 15 years and older in the household, whether or not they are related to the householder. Median is the point that divides the household income distributions into two halves: one-half with income above the median and the other with income below the median. The median is based on the income distribution of all households, including those with no income.

A confidence interval is a range of values, from the lower bound to the respective upper bound, that describes the uncertainty surrounding an estimate. A confidence interval is also itself an estimate. It is made using a model of how sampling, interviewing, measuring, and modeling contribute to uncertainty about the relation between the true value of the quantity we are estimating and our estimate of that value. The "90%" in the confidence interval listed above represents a level of certainty about our estimate. If we were to repeatedly make new estimates using exactly the same procedure (by drawing a new sample, conducting new interviews, calculating new estimates and new confidence intervals), the confidence intervals would contain the average of all the estimates 90% of the time. For more details about the confidence intervals and their interpretation, see this explanation.
DATE VALUE
1989-01-01 22688
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28081
1994-01-01 .
1995-01-01 30759
1996-01-01 .
1997-01-01 32774
1998-01-01 34069
1999-01-01 35682
2000-01-01 37207
2001-01-01 36781
2002-01-01 36961
2003-01-01 37607
2004-01-01 40374
2005-01-01 43387
2006-01-01 44905
2007-01-01 46393
2008-01-01 45541
2009-01-01 44017
2010-01-01 44723
2011-01-01 43870
2012-01-01 45989
2013-01-01 49093
2014-01-01 49385
2015-01-01 46558
2016-01-01 52635
2017-01-01 54547
2018-01-01 52693
2019-01-01 53674
2020-01-01 56799
2021-01-01 60362
2022-01-01 64295
2023-01-01 70707

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